Diamonds North Resources Ltd.

Diamonds North Resources Ltd.

September 11, 2007 07:30 ET

CORRECTION FROM SOURCE: Diamonds North Discovers 11 New Kimberlites on Amaruk

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2007) - A correction from source is issued with respect to the release issued yesterday at 4:01 pm EDT. The kimerlite locations have been corrected in the table. The corrected release follows:

Diamonds North Resources Ltd. (TSX VENTURE:DDN) announces 11 new kimberlites have been discovered during the first phase of the 2007 drill program on its 100% owned Amaruk property in the Pelly Bay Diamond District of Nunavut. Representative samples from the new kimberlites have been collected for diamond analysis.

"Our objective is to discover Canada's next major diamond mine, we are very pleased with how the Amaruk property is progressing," says Mark Kolebaba, President and CEO. "So far this year we have delivered 11 new kimberlites in this proven diamond district - there are few companies able to provide this level of opportunity to shareholders."

Kimberlite Discoveries - 2007 Phase I Drilling Highlights:

- Five new kimberlites (Qavvik-2 through Qavvik-6) have been discovered near the Qavvik-1 kimberlite. Qavvik-1, which was drilled in 2006 is proven to be highly diamondiferous and is currently being bulk sampled.

- Four kimberlites (Tuktu-1 through Tuktu-4) forming the Tuktu kimberlite cluster were discovered 15-kilometres west of Qavvik-1. Abundant diamond indicator minerals associated with these kimberlites suggest excellent diamond potential.

- Ptarmigan, a new kimberlite, was discovered 20-kilometres south of the Qavvik-1 kimberlite. Numerous untested targets nearby suggest the potential for additional kimberlites forming a cluster.

- The discovery of Umingmak-2 near the Umingmak-1 kimberlite (drilled in 2006) confirms kimberlite clustering in the area. Umingmak-1 yielded diamonds with high clarity, white colour and high proportion of octahedral crystals.

Table 1 - 2007 Kimberlite Summary
Relative to
Drill Kimberlite Qavvik-1
Hole Sampled (distance &
Kimberlite Inclination (Metres) direction)
Qavvik-2 Vertical 96.0 4 km N
Qavvik-3 Vertical 67.1 3 km S
Qavvik-4 Vertical 35.1 10 km N
Qavvik-5 Vertical 56.5 10 km N
Qavvik-6 Vertical 76.2 10 km N
Tuktu-1 Vertical 74.7 15 km W
Tuktu-2 -60 79.2 15 km W
Tuktu-3 Vertical 67.1 15 km W
Tuktu-4 Vertical 44.2 15 km W
Ptarmigan Vertical 47.2 20 km SE
Umingmak-2 -60 36.6 8 km SE
Representative kimberlite samples will be obtained from the above
reverse circulation drill cutting intervals for microdiamond analysis.
Directions and distances are approximate. Size of kimberlite
occurrences have not yet been determined.

All of the kimberlites described above lie within the proven diamondiferous Amaruk kimberlite field. A total of 16 kimberlites have been discovered on the property to date and approximately 500 identified targets remain untested. The 2007 Phase II drill program is planned to commence in September.

Bruce Kienlen (P.Geol) and Graham Gill (P.Geo) are Diamonds North's qualified persons reviewing this project and are responsible for the design and conduct of the exploration program and the verification and quality assurance of analytical results.

The Company's cash is invested in Canadian dollar accounts with the Bank of Montreal. The total amount of cash is available on demand and is not invested in commercial paper or asset backed security programs.

Diamonds North Resources is focused on discovering Canada's next diamond mine. The Company is rapidly evolving and committed to building long-term value through ongoing diamond discoveries.

On behalf of Diamonds North Resources Ltd.

Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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